“We sold the company for about four hundred million dollars.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Chris Lynch
Opinion
Mega-fund VCs are just lottery ticket buyers lacking company-building skills
“And I think a lot of my contemporaries are lottery ticket buyers. And, you know, you have a three billion dollar fund, and you're just buying lottery tickets, and because you don't know how to build companies, your only value is paying more.”
Chris LynchJun 26, 2014▶ 18:20Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
PredictionNot checkable as stated
Big data infrastructure startups launching in 2014 will lack successful exits
“If you're coming out as a Vertica today, you're not going to have a happy ending.”
Chris LynchJun 26, 2014▶ 12:25Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
PredictionNot checkable as stated
Tech startup valuations in mid-2014 are unwarranted and unsustainable
“There's gonna be a lot of you know, broken hearts and tears are gonna fall, because I don't think that, that those valuations are warranted, are sustainable and that's too bad.”
Chris LynchJun 26, 2014▶ 19:03Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
Opinion
Zynga is an analytics company masquerading as a gaming company
“Zynga is really an analytics company masquerading as a gaming company.”
Chris LynchJun 26, 2014▶ 4:40Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
PredictionNot checkable as stated
Telecoms will eventually offer free service in exchange for consumer data
“I think the day will come shortly where, you know, I've got the Verizon family plan, and I pay, you know, a lot of money for my cell phone. And they use my information, my family's information. They monetize that. I think the day will come that if Verizon and …”
Chris LynchJun 26, 2014▶ 9:47Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
Disclosure
Atlas Venture will not fund startups rebuilding existing software platforms
“So for my money, I don't want you to spend my money rebuilding, even if it's a little bit better, something that's been built. I want you to spend my money taking something that's been built that's good and disintermediating those guys.”
Chris LynchJun 26, 2014▶ 12:03Chris Lynch, Atlas Venture // Data Driven #28 // June 2014 (Hosted by FirstMark Capital)
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